A new year, a new view. One of the easiest ways Transformance Outreach Coaches and clients connect is online, usually via regularly scheduled financial education webinars. These online learning sessions provided viewers crucial financial knowledge and best practices on an array of topics: basic budgeting, understanding credit scores or preparing to buy a new home. But clients occasionally reported challenges with the technology and webinar availability. So in late 2016, Trans
Time and again we hear a familiar story: Tales of hard-working Americans who are overwhelmed by debt, have little or nothing in savings, and are on the verge of disaster when the next emergency strikes. The individuals and families are often stuck in a downward economic spiral due to poor decisions and unforeseen circumstances. Recent studies support what we hear: More than 40 percent of the U.S. population lives in “liquid asset poverty” and 30 percent routinely use non-bank
In 2013, Dallas resident David Hernandez was thrilled to be graduating from The University of Texas at Arlington, proud of his accomplishments and his new degree. Then reality set in, and excitement quickly turned to fear as the 26-year-old struggled to find a job and begin his career. As weeks turned to months with no job prospects, David’s concern grew. Bills began to stack and soon payments for his recently acquired student debt would be due. Relatives were unable to help;
The Anti-Poverty Coalition of Greater Dallas has asked for our help to show support for the new payday and auto-title lender rules proposed by the Consumer Financial Protection Bureau (CFPB). New data shows payday and similar loans lead to consumers trapped in debt and CFPB's proposed rule aims to help those consumers.
When cash is tight, some people turn to payday and similar loans to make ends meet. Though these loans offer quick access to money, they often carry an aver